Building Details

Buildings 1

Tenancy Multi

Listing Agency: Pleasant View Realty, LLC n***@pleasantviewrealty.com Show Phone

Listed By: Nicole Kapellen · License #5948990 Show Phone

Source: Exprealty

Added: Apr 19 Changed: Aug 20 Last Checked: Aug 22 at 9:45AM

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Investment Insights

Based on property information with market context.

Aston Flats is a fully furnished quadplex with four distinct residential layouts and a modern industrial design. The Vulcan includes a one-bedroom, one-bath unit with attached flex space that can serve as a storefront, office, or potential second suite. The Vanquish and Rapide are upper-level three-bedroom, two-bath units with private decks, while the Vantage provides a two-bedroom, two-bath configuration. Every unit includes a one-car garage, and a fire suppression system serves the property.

Located at 171 E Rhine St in Elkhart Lake, the property is positioned near downtown dining, beaches, and local events. Road America and Quit Qui Oc Golf Course are also minutes away. The varied layouts support both owner-occupant and investor use as described for the property.

Key Highlights

• Four‑unit, fully furnished multifamily property at 171 E Rhine St
• Unit mix includes 1 BR/1 BA, two 3 BR/2 BA units, and 2 BR/2 BA
• Attached flex space with the Vulcan unit for storefront, office, or potential second suite

Property Analytics

Current Use

Aston Flats Bed & Breakfast

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Auto Parts Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Sprinkler system

Location Intelligence

Trade Area within ½ mile

191

Businesses Nearby

Explore this area Business Placement

Demographics for 53020, WI

3,474

Population

1,865

Households

1.9

Avg Household Size

53

Median Age

31%

College-Educated

97%

High-School Grad

62.8 sq mi

ZIP Area

55

Density / Sq Mi

$90,536

Median Household Income

$50,945

Median Earnings

$1,108

Median Rent

$322,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Fully furnished multifamily property with varied layouts, private decks, garages, and fire suppression throughout.

Where is this quadplex located?

The property is located at 171 E Rhine St Elkhart Lake, WI.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Four‑unit, fully furnished multifamily property at 171 E Rhine St; Unit mix includes 1 BR/1 BA, two 3 BR/2 BA units, and 2 BR/2 BA; Attached flex space with the Vulcan unit for storefront, office, or potential second suite